The new A7 processor boasts a 64-bit architecture, like all the new Apple products, with more than 1 billion transistors. Apple also threw in MIMO technology to help with reliable Wifi, and all that with 10 hours of battery life, according to Apple.

The camera has an updated 5-megapixel iSight camera, with 1080p FaceTime camera in the front and dual-mics for video chat.

The starting price will be $499 on launch date and will go all the way up to $629 for built in cellular service.

The rumored launch date is November 1st, just in time to get your holiday shopping in and buy one.